Senior Commercial Credit Analyst

About the role

Evaluate the financial condition of commercial borrowers, underwrite loan requests, and prepare timely, high-quality credit approval memoranda while adhering to the Bank's credit policies and procedures.

Responsibilities

• Analyze financial information of prospective and existing borrowers and underwrite commercial loans in conformance with Loan Policy, including loan renewals, loan modifications, and Loan Reviews.
• Spread and analyze financial information, and develop cash flows of prospective and existing borrowers.
• Prepare credit approval memorandums, review all pertinent credit and financial information (financial statements, tax returns, collateral, cash flow, due diligence reports, credit bureaus, appraisals, industry research, peer data, and other relevant information) of borrowers and guarantors, assess credit risk, underwrite in conformance with Loan Policy, and present loan requests to appropriate loan authority level.
• Analyze financial information and related materials to complete credit analyses for the Bank’s commercial transactions, including an independent credit quality assessment with well-supported risk rating, identification and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues.
• Analyze and make recommendations to management regarding credit issues.
• Work directly with Commercial Lending Officers to obtain all necessary information needed to underwrite loan requests.
• Prepare Quarterly Reporting and Action Plans.
• Communicate with borrowers, accountants, management, and bank staff as needed for credit investigations.
• Comply with CRA/HMDA Guidelines, Flood Insurance, Appraisal Regulations, and adhere to Bank policies and procedures.
• Perform other duties as required.

Requirements

• Bachelor’s degree required, preferably in Accounting, Finance, or Economics; ancillary banking education preferred.
• Minimum 5 years of related commercial underwriting experience; experience in special assets is a plus.
• Knowledge of financial statement fundamentals, accounting concepts, and financial statement analysis.
• Proficiency in Microsoft Office.
• Excellent written and verbal communication skills.
• Critical thinking and evaluation skills.
• Ability to work well with others and independently.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.